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November 15, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Griswold, Business Loans > Rolling Hills Bank & Trust Griswold Business Loans > Sanitary Services Loan | ||||
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Iowa Bank SBA Loans
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Rolling Hills Bank & Trust SBA Loan to Sanitary Services CompanySearching for an Iowa small business loan? Here's one Iowa business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in Griswold, Iowa, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Rolling Hills Bank & Trust, based in Griswold, Iowa. SBA Loan Borrower COMPANY TYPE: SANITARY SERVICES SBA Loan Lender ROLLING HILLS BANK & TRUST This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4959 - Sanitary Services Loan Approval Date 1/19/2000 Loan Approval Gross Amount $58,700 Loan Approval from the SBA Of the total $58,700 loan amount, the SBA guaranteed $46,960. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rolling Hills Bank & Trust and they will explain how you can get an SBA loan for your company. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links:
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